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If There Is a Novation, the Original Promisor's Liability to the Original

question 6

True/False

If there is a novation, the original promisor's liability to the original promisee is relieved, even if the new promisor fails to perform.


Definitions:

Statistical Discrimination

Decision-making based on statistical generalizations rather than individual merit, often resulting in unfair treatment of certain groups.

Monopsony Exploitation

A market situation where there is only one buyer for many sellers, leading to lower prices for sellers and potential exploitation.

Foreign Medical School

An institution located outside one's home country offering education and training in the medical field, preparing individuals to practice medicine.

Alcohol Intoxication

A physiological condition that occurs when the consumption of alcohol results in impaired judgment, reduced coordination, and altered mental state.

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